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Discussion > Income Tax > Tax queries >

Medical bills

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Applications Developer

[ Scorecard : 27]
Posted On 05 July 2012 at 16:57 Report Abuse

Hi,

I work in a software company. I forgot to submit my medical bills of Rs. 15000 in my company for tax exemption. Hence TDS was cut. Can I submit them during filing income tax returns and will my excess tax refunded?

Regards,

Vijay Inani

 



CA NEHA AGARWAL
Practise

[ Scorecard : 211]
Posted On 05 July 2012 at 17:02

yes u can submit medicals bills and get the refund.




*Siddharth Bumb*
B.Com CA Final CS Professional

[ Scorecard : 3407]
Posted On 05 July 2012 at 17:04

Originally posted by : NEHA AGARWAL

yes u can submit medicals bills and get the refund.



N. SREENIVAAS
Sr.Manager Finance & Accts

[ Scorecard : 158]
Posted On 05 July 2012 at 17:05

yes , you can .



Parihar Gopal
CORPORATE TAXATION -LEARNER

[ Scorecard : 301]
Posted On 05 July 2012 at 17:09

sir,

       after understaning ur qurry If you have not submit  your medical bill , so thats means you have not reimbursed ur medical expenses &  u have not received any mony for that same have been also not showing in ur form 16.  if u have not received any mony so there may be no tds has been deducted .



Vijay Inani
Applications Developer

[ Scorecard : 27]
Posted On 05 July 2012 at 17:21

Hi Parihar,

In my company, they do not give reimbursement, but give it as a part of salary. I have received the amount of 15K, but also tax is cut on that as TDS.

So, can I submit the bills now during income tax filing and get the excess TDS refunded for ITD.

Hope my question is clear. Awaiting reply.

 



CA NEHA AGARWAL
Practise

[ Scorecard : 211]
Posted On 05 July 2012 at 17:26

As you are getting for medical as a part of your salary then it will be considered as medical allowance and medical allowance is always taxable.



Vijay Inani
Applications Developer

[ Scorecard : 27]
Posted On 05 July 2012 at 17:34

Yes, that is fine. I know it is taxable. Also, the tax is deducted for the same.

My simple question is: Can I submit the medical bills now during ITR filing and get the excess TDS back? roughly 10% of 15000 i.e. Rs. 1500/-

 



N. SREENIVAAS
Sr.Manager Finance & Accts

[ Scorecard : 158]
Posted On 05 July 2012 at 17:35

 

 

Yes Mr Vijay, You can show the medicle reimbursment of 15000/- exemption, which will be deduct from your taxable earnings, at the time of refund....

 

In my company, they do not give reimbursement, but give it as a part of salary. I have received the amount of 15K, but also tax is cut on that as TDS.

So, can I submit the bills now during income tax filing and get the excess TDS refunded for ITD.

Hope my question is clear. Awaiting reply.



N. SREENIVAAS
Sr.Manager Finance & Accts

[ Scorecard : 158]
Posted On 05 July 2012 at 17:37

You will get 1500/- Refund,   At the time of returns you can just mention medicle exps, which was previously not mentioned in your form 16....


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